WIPP Attends US Department of Treasury Symposium
12:04 PM July 20, 2011
Women Impacting Public Policy (WIPP) was honored to recently receive an invitation from Rosie Rios, Treasurer of the United States, to a special symposium on Women in Finance. The symposium, which took place on July 12th, was hosted by the Department of Treasury and focused on the institutional investment space and the leadership role that women are playing with pension funds, foundations and endowments. Nicolina A. Stewart, CPA, PFS, President of CMA, Inc. and Grant-Wise, Inc. and Vice-President/Treasurer of the WIPP Board of Directors, attended on WIPP's behalf.
The purpose of this Symposium was to recognize the new phenomenon of female investment executives, connect their new roles to the story of the financial recovery, and inspire women who may consider finance as a future career. Below, Nikki Stewart shares her thoughts on the symposium:
"It was truly an honor to attend the Women in Finance Symposium hosted by the Department of Treasury. In addition to the incredible women who were involved in the 3 highlighted panels, the women who attended the Symposium from across the country were also able to interact with each other and we discussed our respective businesses, our various outside activities and Board appointments, and our own opinions of the importance of women in finance and what we think the future holds for those of us in this industry.
To be able to have such so many intelligent, powerful women together in one room and hear frank opinions about asset allocation, trends in economic sector focuses and how setting policy affects these decisions was an amazing experience and I hope I have the opportunity to attend others when they are held in the future."
Women in senior positions at domestic public pension funds, corporate pension funds, foundations, and endowments manage well over $2 trillion worth of assets in the U.S., according to research from the Council of Institutional Investors. Many of these appointments have occurred in the last few years and have not been widely publicized, much less recognized. The leadership role that these women play is crucial to America's economic recovery.